The famous actress was the 2011 Academy Awards hostess with actor James Franco. She kept us all entertained with her 8 wardrobe changes during the Oscars. Hathaway was styled by celebrity stylist Rachel Zoe and managed to pull off every look with ease; from a heavy stapless gown to a tux. It's hard to decide which look you prefer, but i have to say that the gold fringed Oscar de la Renta dress is my personal favorite, as well as her red Valentino. Which one is yours?

The Vanity Fair Oscar Party is a star-studded event which over the years has become the hottest, most exclusive and fashionable party, where only A-list celebrities are invited. This year it took place at the Sunset Tower Hotel in LA. Take a look at the red carpet fashion and dream!